What is it really worth?, page-3

Hi Seanbuccs,
What I've given is base valuation estimates.
There is no reason why the market average of $0.75 should not be applied, which gives a $1.40 share price and at $1.00/GJ the value is $1.80/share.
From an earnings perspective, 80PJ and a profit of $3.00/GJ the company give profits of $$240m, EPS of $0.44/share and at a 15x multiple a value of $6.55/ share. That's before one gets over excited with the assumptions.